The Gunma Bank, Ltd. (TYO: 8334)

The Gunma Bank Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest Income on Loans	74,620	68,896	58,602	53,283	54,024	56,922
Interest Income on Investments	39,505	36,911	28,474	20,586	15,766	17,095
Total Interest Income	114,125	105,807	87,076	73,869	69,790	74,017
Interest Paid on Deposits	9,872	5,313	2,771	469	676	2,303
Interest Paid on Borrowings	34,466	34,466	12,849	1,399	1,854	4,134
Total Interest Expense	44,338	39,779	15,620	1,868	2,530	6,437
Net Interest Income	69,787	66,028	71,456	72,001	67,260	67,580
Net Interest Income Growth (YoY)	0.07%	-7.60%	-0.76%	7.05%	-0.47%	-9.06%
Trust Income	34	37	36	52	53	36
Gain (Loss) on Sale of Assets	-109	-18	994	2,055	-266	-212
Gain (Loss) on Sale of Investments	28,733	32,059	28,578	10,933	9,479	8,144
Other Non-Interest Income	61,876	62,453	60,899	61,642	61,061	59,011
Total Non-Interest Income	90,534	94,531	90,507	74,682	70,327	66,979
Non-Interest Income Growth (YoY)	-0.21%	4.45%	21.19%	6.19%	5.00%	2.67%
Revenues Before Loan Losses	160,321	160,559	161,963	146,683	137,587	134,559
Provision for Loan Losses	770	770	909	7,505	21,888	3,679
Revenue	159,551	159,789	161,054	139,178	115,699	130,880
Revenue Growth (YoY)	-1.37%	-0.79%	15.72%	20.29%	-11.60%	-0.39%
Selling, General & Administrative	52,254	51,547	51,549	55,503	57,461	56,438
Other Non-Interest Expense	51,045	64,473	70,194	42,509	38,422	43,132
Total Non-Interest Expense	103,299	116,020	121,743	98,012	95,883	99,570
EBT Excluding Unusual Items	56,252	43,769	39,311	41,166	19,816	31,310
Asset Writedown	-807	-787	-409	-1,382	-282	-482
Other Unusual Items	-1	-1	-1	-1	274	-
Pretax Income	55,444	42,981	38,901	39,783	19,808	30,828
Income Tax Expense	16,260	11,856	10,968	13,347	6,307	8,469
Earnings From Continuing Operations	39,184	31,125	27,933	26,436	13,501	22,359
Minority Interest in Earnings	-	-	-	-	-	-79
Net Income	39,184	31,125	27,933	26,436	13,501	22,280
Net Income to Common	39,184	31,125	27,933	26,436	13,501	22,280
Net Income Growth	35.13%	11.43%	5.66%	95.81%	-39.40%	-4.46%
Basic Shares Outstanding	391	397	410	417	420	422
Diluted Shares Outstanding	391	397	410	417	420	423
Shares Change (YoY)	-3.22%	-3.12%	-1.87%	-0.64%	-0.63%	-2.11%
EPS (Basic)	100.15	78.43	68.19	63.33	32.14	52.79
EPS (Diluted)	100.15	78.43	68.19	63.33	32.14	52.70
EPS Growth	39.62%	15.01%	7.67%	97.06%	-39.02%	-2.41%
Dividend Per Share	32.000	22.000	17.000	14.000	13.000	13.000
Dividend Growth	68.42%	29.41%	21.43%	7.69%	0%	0%
Effective Tax Rate	29.33%	27.58%	28.19%	33.55%	31.84%	27.47%

Source: S&P Capital IQ. Banks template. Financial Sources.